Credit Suisse retrenches following Archegos and Greensill debacles
Credit Suisse's offices on Paradeplatz, Zurich (Credit: Denis Linine on shutterstock)
Credit Suisse has announced plans to draw back from its hedge fund financing activities to focus on private banking and wealth management, following a year that has seen it burned by both the Archegos and Greensill collapses and a set of regulatory interventions.
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